Abbott Laboratories

Abbott Laboratories and the Defense Department on Monday said they have agreed to a multiyear collaboration to develop portable blood tests to help evaluate concussions and other head injuries. Lake County-based Abbott will receive $19.5 million over the next two years to formulate the tests, which will be performed on its handheld diagnostic system called i-Stat. The U.S. military already uses the device for other purposes. The tests will be designed to identify certain proteins, or biomarkers, that are released into the bloodstream following a brain injury like a concussion, an injury the Defense Department calls “a significant health concern for military service members.”...

Related "Abbott Laboratories" Articles

Abbott Laboratories and the Defense Department on Monday said they have agreed to a multiyear collaboration to develop portable blood tests to help evaluate concussions and other head injuries.Lake County-based Abbott will receive $19.5 million over the...

Matter, a not-for-profit health tech hub in downtown Chicago slated to open in early 2015, on Tuesday named a chief executive and said it's taking applications for new tenants.
“What's been missing here in this (health technology) community is a common...

NEW YORK — A first-of-its-kind ranking of 401(k) plans at the 250 biggest companies in the United States found that ConocoPhillips and Abbott Laboratories are among those that provide the most lucrative retirement benefits. Among the least generous are...

AbbVie Inc. has inked a nearly $55 billion deal to acquire drugmaker Shire PLC, the companies announced in a joint statement Friday morning.
The deal, the largest of a year filled with merger and acquisition activity, will allow the North Chicago-based...

Abbott Laboratories Inc reported better-than-expected quarterly earnings on Wednesday as demand for its recently-recalled infant formulas began to recover and profit margins improved for other business segments.Sales of nutritional products, the company's...

Abbott Laboratories has agreed to sell its specialty and branded generic pharmaceutical business in developed markets to Pennsylvania-based Mylan Inc. in an all-stock transaction valued at about $5.3 billion.
The deal, which will give Abbott a roughly 21...

Abbott Laboratories is getting into the dairy farming business.
The Lake County medical products giant said Thursday it has partnered with New Zealand-based Fonterra Co-Operative Group Ltd. to develop up to five diary farms with more than 16,000 dairy...

Robert W. Depke, a major political player who twice served as chairman of the Lake County Board, was nicknamed "Bulldozer Bob" for his pro-development initiatives.
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AbbVie Inc. on Wednesday took its fight for control of the Irish drugmaker Shire Plc directly to shareholders, calling for immediate talks for a transaction it views as "highly executable." The North Chicago-based pharmaceutical firm, know for...

Abbott Laboratories laid off an unspecified number of workers at its Lake County headquarters complex on Tuesday, sources told the Tribune. “We’re taking various actions to reduce expenses,” said Scott Stoffel, the Abbott spokesman. “We’re making some...

With two Illinois companies making headlines this year for considering a move to more tax-friendly countries in Europe, Sen. Richard Durbin said Monday he will introduce legislation this week that would close tax loopholes for corporations that take...

Abbott Laboratories said Monday it has agreed to acquire a Russian pharmaceutical manufacturer for between $395 million and $495 million in cash plus the assumption of about $136 million in debt.
The Lake County-based medical products company will...

Thirty-three Illinois companies made the 2014 Fortune 500 list, Fortune magazine’s annual ranking of the top 500 corporations by gross revenue after adjustments and excise taxes. The figure is up from 32 companies that landed on the 2013 list and includes...

Julie A. Brady, a prominent figure in Illinois Republican politics, worked as a volunteer at the state level for several candidates and was an early supporter of the GOP's 2008 presidential nominee, Sen. John McCain.
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Jack Train, a managerial mastermind who ran one of Chicago's major architectural firms and had a hand in some of the most revered postwar buildings designed here, died Monday, March 17, at his home in Barrington.
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Posted by College of Lake County Public Relations, Community Contributor

The music, films and fabulous culture of French-speaking countries will be celebrated at the College of Lake County during National French Week, Nov. 1-8. Students and members of the community who are interested in French-speaking countries and developing...

The Lake County Board has appointed two new members to the Lake County Board of Health. They are John Landgraf, MBA, MS, of Libertyville and K. Michael Welch, MB, ChB, FRCP of Lake Forest. Each of their terms will run through June 30, 2016.
“I am...

Loyola Academy’s Board of Trustees has appointed the following new members, effective July 1, 2013:
Terrence M. Belton, Ph.D. is managing director and head of Global Portfolio Strategy for the Chief Investment Office at JP Morgan Chase. Mr. Belton also...